Auto Warranty Companies Fight For Your Business
car warranty - The industry of auto warranty companies is actually a fiercely competitive one. You will find a limited quantity of cars on the highway - granted, there are millions of them, and all of them, at some time or still, has or enjoyed a warranty - though with the large number of companies fighting for the business of those drivers, it indicates that every car owner will be the target of some very hungry sales reps.
This is definitely a daunting position to remain for a car owner. Whether you are investing in a new car from the dealership, or buying a second hand car, there will be people promoting you their warranty services.
Within the dealership, you may run into a pushy sales representative who can try everything they are able to to help you get to sign on to have an extended warranty once you help make your initial purchase. There are advantages to buying during those times, including getting the costs in the warranty rolled up in to the financing for that car, and realizing that your dealership will continue being the area to get any repairs or replacements done. However these comforts might end up costing you hundreds or thousands of dollars in the end. Sales people make huge commissions on warranties, so they're eager to obtain to sign up for one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will need to pay more up-front with those third-party companies, instead of adding a little number in your monthly car payment bills. Nevertheless it could very well save a little money.
But as not all the car sales person has gone out to rip you off, not every third-party providers are good guys, either. The conditions and terms of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to get you being a client, so use that to your advantage. Compare costs, examine each of the relation to the warranties offered, and tell the firms you talk to “hey, make me the best offer.” If they can't, someone else will.